British interest rate remains unchanged

Published:

British interest rate remains unchanged
Photo: Frank Augstein/AP/TT

The UK's central bank, the Bank of England, is leaving the interest rate unchanged at 4.75 percent. This was also in line with what the analysts had expected.

Three of the bank's members voted to lower, while six wanted to leave it unchanged.

When and if the interest rate will be lowered in 2025 cannot be said, according to the British central bank chief Andrew Bailey.

Loading related articles...

Tags

Author

TTT
By TTEnglish edition by Sweden Herald, adapted for our readers

More news

Loading related posts...